TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
2/29/08
RESPONSIBLE REMAINING 
  SENIOR 2008 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 21,293,821.00 14,735,109.34 6,558,711.66 30.80%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 198,367.95 96,892.05 32.82%
 STATION SUP LABOR AND MISC PD 103,930.00 64,000.08 39,929.92 38.42%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 480,903.13 93,767.87 16.32%
 STATION LABOR AND EXPENSE PD 477,152.00 315,541.89 161,610.11 33.87%
 STREET LIGHTING EXPENSE PD 102,669.00 42,374.21 60,294.79 58.73%
 METER EXPENSE PD 422,879.00 254,734.31 168,144.69 39.76%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 214,974.37 137,418.63 39.00%
 METER READING LABOR & EXPENSE PD 54,739.00 48,530.69 6,208.31 11.34%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 1,059,845.73 467,098.27 30.59%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 66,666.64 33,333.36 33.33%
 ENERGY AUDIT EXPENSE JP 589,829.00 335,769.61 254,059.39 43.07%
 ADMIN & GEN SALARIES VC 784,840.00 494,707.09 290,132.91 36.97%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 151,904.10 63,395.90 29.45%
 OUTSIDE SERVICES VC 746,700.00 246,243.91 500,456.09 67.02%
 PROPERTY INSURANCE JD 429,500.00 215,640.92 213,859.08 49.79%
 INJURIES AND DAMAGES JD 69,016.00 42,214.50 26,801.50 38.83%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 769,897.13 383,339.87 33.24%
 MISC GENERAL EXPENSE VC 284,062.00 129,559.77 154,502.23 54.39%
 RENT EXPENSE JD 212,000.00 135,012.85 76,987.15 36.31%
  TOTAL OPERATION EXPENSES 8,495,121.00 5,266,888.88 3,228,232.12 38.00%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 1,816.66 1,183.34 39.44%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 215,572.18 87,035.82 28.76%
 MAINT OF LINES - OH PD 1,412,823.00 862,313.79 550,509.21 38.97%
 MAINT OF LINES - UG PD 196,015.00 71,505.58 124,509.42 63.52%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 51,430.36 128,569.64 71.43%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 89.43 10,894.57 99.19%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 324,946.19 318,802.81 49.52%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 63,676.92 79,363.08 55.48%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 1,591,351.11 1,333,819.89 45.60%
   DEPRECIATION EXPENSE  RF 3,038,639.00 2,004,200.00 1,034,439.00 34.04%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 28,492,138.88 19,486,076.12 40.61%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 757,661.00 399,180.00 34.51%
TOTAL OPERATING EXPENSES 84,887,808.00 52,847,349.21 32,040,458.79 37.74%